{
  "id": 6602962,
  "title": "Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation",
  "url": "https://urgent.news/2026/09/10/bending-spoons-to-buy-collaboration-tools-maker-miro-for-1-36b-90",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T14:34:09.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/09/10/bending-spoons-to-buy-collaboration-tools-maker-miro-for-1-36b-90-less-than-its-2022-valuation/"
  },
  "original_language": "en",
  "account": "Italian software firm Bending Spoons has acquired workplace collaboration platform Miro for $1.36 billion, a sharp decline in valuation from Miro's $17.5 billion price tag in late 2021. Founded in 2011, Miro began as a whiteboarding tool and experienced explosive growth during the COVID-19 pandemic, when remote work drove demand for its product. By 2022, Miro boasted over 30 million users and a 550% increase in paying customers. The recent acquisition represents a 92% drop in Miro's valuation, reflecting the unwinding of software-as-a-service (SaaS) multiples since 2021. Bending Spoons, which acquired Miro for roughly 90% less than its 2022 value of $1.79 billion, highlights the changing landscape of the SaaS industry. While Miro remains profitable and has about $600 million in annual recurring revenue, its valuation decline suggests that mature SaaS companies are now trading at more modest multiples. Bending Spoons' recent acquisitions, including Airtable for $1.28 billion, suggest a trend of acquiring established but slower-growing SaaS firms with solid user bases. The reasons behind Miro's board and investors agreeing to the lower sale price remain unclear, particularly considering the company's strong performance.",
  "summary": "Bending Spoons is buying Miro for $1.36B, a huge dip in valuation for the workplace collaboration startup, which was valued at $17.5B in late 2021.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "PYMNTS",
        "title": "Bending Spoons Pays $1.4 Billion for Collaboration Firm Miro",
        "url": "https://urgent.news/2026/09/10/bending-spoons-pays-1-4-billion-for-collaboration-firm-miro",
        "published": "2026-09-10T16:05:34.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}